MANILA, Philippines—Senator Aquilino “Koko” Pimentel III said Friday he does not fully agree with Chief Justice Renato Corona’s explanation on why he didn’t disclose the amounts in his bank accounts.

“I was supposed to be the next one to ask questions to him but he already got tired. I was supposed to argue with him. I didn’t agree with his interpretation of the law, even on the dollar accounts I don’t agree,” Pimentel told reporters.

Corona testified that he didn’t declare his $2.4 million dollar deposits because it was considered absolutely confidential under the Foreign Currency Deposits Act.

He also said the P80-million bank accounts under his name was “co-mingled funds” from his own savings, his wife Cristina’s money from the sale of a Basa-Guidote Enterprises Inc. property and their children’s money.

He said it was not his money that’s why he didn’t declare it in his Statement of Assets, Liabilities and Net Worth (SALN).

“The only question was if [the impeachment court] agrees with [Corona’s] interpretation of the law on why he didn’t disclose [the deposits] in his SALN,” Pimentel said.

He said that “if [the bank deposits are] in your name and you are a public officer, you are duty-bound to disclose [them]. Unless you can cite to me a law exempting public officers from disclosing.”

“He knew he is a public officer, he should not have allowed the co-mingling of funds that he doesn’t own in his account,” Pimentel said.

“He will get into trouble if he allows that, and precisely that is what is happening now,” he added.

The Senate has scheduled the final oral arguments on May 25, Monday. The senator-judges will render their decision through a vote on Tuesday.

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of course meron, especially in the US if they live there. But they still have funds deposited with their father here in the Philippines regardless, for easy movement of money here while they’re abroad.

I know that because I’m also on a similar situation. Half of my funds are not mine, but they still maintain their own accounts and moves them accordingly if needed.

Russell Ariola

Pakiramdam ni THIEF JU$TICE pre mauuto nya lahat ng tao.

tatabu

if someone is telling lies, it is either he knows he is telling lies or the person he is talking to know that he is lying..if corona didnt know he was telling lies, at least senator Koko knows that Corona was lying..also if senator santiago believes that corona was saying the truth, corona himself know that he was lying…lol…

filipinaskoh

Bravo!
Perfectly explained.
The peso account is under his name only so it’s his. If it’s co-mingled funds it should have been named to all the owners as “OR’ accounts or “AND accounts”, he is a public servant he should have practice discretion and prudence.
Though the dollar confidential in nature but they are still assets. Much more he is using them to earn.

I just can’t believe when Corona said he doesn’t know the Debit and Credit or anything about accounting because he is a lawyer, But he works in SGV. Even high school student knows what a debit and credit is.

gardy_versozi

majority of high school students do not know what a debit and credit is. majority of high school students do not know that letter size paper is not the same as A4, or legal is not 8 1/2 x 13 but rather 8 1/2 x 14, and copying and pasting is different from researching.

http://www.dafk.net/what/ Kilabot ng mga Balahibo

And some didn’t research what RC did at SGV while working there.

filipinaskoh

Are you referring to high school batch 1930’s
Not the high school of today.
Remember Corona is the Chief justice at least he have an idea what is credit, debit assets and liabilities- what a shame those are the basic of all basic.
What Corona knows is the basic of ” DEBIT CREDIT KUPIT”
JPE is well verse with the financial statement – he is a lawyer too.

MonMayuga

CJ Corona claimed that the 80 million pesos in the bank account under his name was con-mingled funds.

For the sake of argument, let us take this analogy:

A gun used in the killing of a person was licensed in the name of Juan de la Cruz and was found in his possession after the crime was committed. Assuming that the money used to buy the gun was shared by two or more other persons which he may also claim that it was not entirely his own, can that be accepted as alibi?

Under the law can Juan claim innocence?

gardy_versozi

no, simply because a gun is different from a bank account. you ignoramus.

MonMayuga

Thank you for your very intelligent most civil reaction, SIR. Of course they are different but that was only an analogy, a parallel example.

Where did you learn your manners, if you have any at all?

Ben Tampadong

totally and entirely different, ehehehehe

http://pulse.yahoo.com/_ZWTTKJTI57YO7TZBJC66GA2OLU dennis

Partly Yes and partly No.This was just my opinion Mon.Why “Yes”…If the crime happened in a Socialist/Communist Country,The one who pulled the trigger will be convicted! Wala ng paliguy-ligoy pa! But unlike in the Philippines,upon which we need to disect everything due to Democracy,the roots of everything,if there is accomplice involve aside from the principal,then..No.Depende na lang kung may batas na nag-go-govern sa ganitong bagay…….May point ka!

And to make it easy for you to understand the ANALOGY, you genius, let us now say as it is, the 80 million pesos was found in his name but which was not included in his SALN which he was bound by law to declare as a public official, who would buy his contention that is was not his?

His children are MATURED ADULTS WITH FAMILIES OF THEIR OWN.

Freddie73

The CJ’s explanation was plausible except for the fact that the account should have been opened jointly and severally in the name of the owners! And as pointed out by Neil Tupas, Jr. the prohibition from disclosure of the dollar account is addressed to the depository bank not to the depositor!

http://www.dafk.net/what/ Kilabot ng mga Balahibo

True. I agree

pero considering na some of the daughers are in the states, so hindi sila makakapag bukas ng accounts, lalo na kung time deposit accounts na every other roll over is another account.

for that to happen, they daughters would be here every 30,60,90,120 days.

meron dati 20%pa pero 5 years naka deposit.

wyl5326

their names can be included during opening of accounts, another palusot !

http://www.dafk.net/what/ Kilabot ng mga Balahibo

You mean, come to the Philippines, open an account, then go back to the US.

Sounds plausible. How bout if I just get a lawyer, give him a power of attorney, then let him handle the financials?

http://pulse.yahoo.com/_RT6IK2GBYHQR7CJBJQ4URM67JM Default

Have you not heard of online banking? Which century do you live in?

http://www.dafk.net/what/ Kilabot ng mga Balahibo

Then if you are in the philippines, try opening a bank account in Washinton DC. if you can using your online banking system.

Well if your in the US, try opening a bank account in BPI Ayala Main if you can.

AbdullahZahir

stubborn ijot…

http://pulse.yahoo.com/_TCQMRK4HVOSF2IGML46TAGKMXU Benjamin

Now we know how idiotic and stupid Corona is. Even an ordinary lawyer will tell you what he did in not disclosing his dollar and co-mingled accounts are illegal. Now we know he does not deserve to become a CJ because he does not know about the law. Imagine, trying to insist that a Republic Act was better than the Constitution? Nakakahiya na naging Chief Justice siya. Walang utak o kung meron man ay utak biya. Sa mga pro-Corona bloggers, eat your heart out. The only Senators who will vote for Corona’s acquittal are Miriam, Joker and Bongbong. The rest who will join these 3 will surely lose in the election.

The main story is about Koko Pimentel disagreeing with Corona on the SALN. And yet you claim that Koko will not vote for conviction since only Drilon, Pangilinan, Trillanes and Guingona will convict him. Please, sabi nga ng GMA, think before you click.

tantra101

” Imagine, trying to insist that a Republic Act was better than the Constitution? ”

I think Pimentel should file a bill to make the SALN law more specific. They should put the word dollar account and peso account included in SALN statement not the word assets which is subject to a lot of interpretation. Imagine one bar topnotcher from UP(a government subsidized school) and one law professor from Ateneo with differing opinion, how much more is an ordinary lawyer.

Considering that Corona did not declare some of his assets in his SALN, would it constitute to an impeachable offense?

Sanction
Failure of an official or employee to submit his/her SALN is punishable under Section 52 (B) (8), Rule IV of the Uniform Rules on Administrative Cases in the Civil Service, with the following penalties:1st Offense – Suspension for one (1) month and one (1) day to six (6) months2nd Offense – Dismissal from the service

What can be scarier than the certainty of corrupt officials converting all their stolen goods into dollar deposits simply because the CJ interpreted the FCDA to suit his crime?

ConcernedAko

It will be stupid of our lawmakers then if they will not amend the law. It is obvious that the laws involved are not specific enough. It has become open to interpretation. Our lawmakers should avoid this scenario again by amending or repealing laws that are not specific enough or obsolete.

If they do not do something about these laws, then your scenario is a big possibility.

Granting that the Chief Justice’ honest interpretation of the law is wrong because Koko Pimentel is right, does that mean the Chief Justice was in bad faith when he did it? I don’t think so. If he is in good faith because that is his interpretation of the law – which by the way, is not clear – then he is allowed to do the necessary corrections and not be convicted for not declaring his dollar accounts.

Koko statement on his interpretation of what CJ said about his $2.4M and co-mingled funds is the senators personal opinion and he cannot state any legal basis that it have to be included in SALN. Simply government SALN form is full of subjectivity. The form does not even require the filer to disclose his $ and Php bank deposits. Its funny that its only Corona who is required to disclosed his. I had a copy of dad’s SALN and it contain more liabilities than asset because of loans. No space in the form that require one to write his bank deposits. Simply the form recognizes the bank secrecy law reason why most government employees don’t write their bank deposit. It is also difficult to write it down because the bank book maintaining balance frequently changes from high millions to zero. The co-mingled funds is not new as my dad keep several accounts as such. I have and a joint account with my dad because of an agreement that he will match part of my monthly salary deposited in a cooperative savings account. It is now worth million…shhhhh..baka ma ombuds si dad. My dad and I plans to put up a training center the he could manage when he retires few years from now. I guess most of our politicians have $ and peso accounts whose deposits are covered by secrecy law. But most of them are big liars even if its obvious they keep the dough somewhere else.

levis2012

Your dad is not the Chief Justice of the Philippines… do not compare apples to oranges….

wawa2172

There is no significant difference between a lowly government employee and a CJ. Both are government employees covered by the CSC rules on SALN. My dad is not a CJ? I don’t by the logic because both are government employees and recite the same “panunumpa sa tungkulin”. You mean lawmakers are immune to law and could not be punish. Hindi lang dapat ang CJ magsisiwalat nang kaniyang SALN.

quirinomayer

Corona’s defense of the gaping discrepancy in the peso deposits in the SALN is SALN – Sa Akin Lang Nakapangalan.

What do we expect? if Senator Koko Pimentel can’t agree with his wife, we can’t expect him to agree with anyone else including CJ Corona.

levis2012

He was the Associate Justice and now Chief Justice of the Supreme Court, and he allowed a co-mingled Peso Account in his own account?? He is either stupid or plain arrogant or totally ignorant.. to serve as CARETAKER of someone else’s money… Or because he was extremely confident that his SECRET PLUNDERING will be forever SECRET, because SC Justices’s SALNs are KEPT SECRET inside the JUDICIARY and will never be exposed…. But because of this Impeachment, Corona’s secret ILL-GOTTEN WEALTH is publicly EXPOSED.

Lets keep it simple. If the account is in your name it is yours! Period. I want Senator franklin Drillon to sign a waiver to open his bank accounts in the Philippines and around the world to the Filipino public. SENATOR FRANKLIN DRILLON, YOU HAVE NOTHING TO HIDE RIGHT? So, sign na !!!!!!

http://profile.yahoo.com/AOJRPOW3T22ADLX6V64J6MC6BI JoseG

In fairness to Drillon, he is not on trial here but Corona. One at a time, but that would take forever! LOL

JosephNess

“He knew he is a public officer, he should not have allowed the co-mingling of funds that he doesn’t own in his account,” Pimentel said.

Pimentel is right, if the CJ can go away with his reasons, then other SALN filers will follow his line of reasoning, thus, everyone will mock the SALN law because of this…this should not pass now, but should be dealt with accordingly, to prevent precedent…

http://pulse.yahoo.com/_SMDNY6MNWRV2ISZU2JFEYLPODE Zorro

yup. or the best way for corrupt government officials is to convert all their peso account to dollar and reason out that it is a commingled fund.. hay if that commingled fund reason is acceptable then it gives the corrupt official ideas on how to hide their kurakots. walang kwentang reason namn un ke CJ

http://profile.yahoo.com/R6Q4QNRAE4WD4XNF4DHQVZGI6Q Andrew

Co-mingled funds are very common practice. Half of the funds under my name are not mine. But I’ve got funds & properties entrusted to my immediate families.. That was the reason the prosecution were saying some of those properties belongs to CJ even if it was not on his name. Maybe they should have looked at his brother’s or daughter’s accounts and see if it belongs to CJ, coz the prosecution were implying a similar idea before.

SALN needs the CASH THAT IS OWNED, NOT THE ACCOUNTS BALANCE. My son’s money is deposited under my name too, but it is not mine.

Now about the dollar account. HE ADMITTED THAT HE OWNS IT.. I guess CJ should be convicted because of that. $2.4 is a lot, unless it’s a common practice too not to declare that, as with the case with Drilon’s accumulated wealth, the primary reason he was not willing to sign the waiver.

http://profile.yahoo.com/QNLLPRY7RIGV3UIR6KUY3MERB4 JoelN

the question is “are inaccuracies or misdeclarations in the SALN constitute removal from office?” napakabigat naman na parusa yun. perjury, yes, but removal from office, i don’t think so. those who will vote for his acquittal will surely cite that line of reasoning.

also, what the prosecution actually wanted to prove is that corona had ill-gotten wealth which can constitute plunder. they just erred in their preparation of articles of impeachment that’s why napunta lang sa SALN and usapan.

Guest

If the 80 Million pesos was a co-mingled funds, how much was his from the 80 million? He should declare his share. But again, I doubt that the 80 million was co-mingled. No evidence to support his claim.

http://profile.yahoo.com/R6Q4QNRAE4WD4XNF4DHQVZGI6Q Andrew

the check issued by the city of manila for the expropriation fund is one evidence. Bank records and transactions during the time his mother entrusted her money to him would prove another point. Remittance records from the US to his accounts would prove another.

For the dollars, yearly balances starting in the 1970s would have shown if there were significant increases on the years when he became a public servant. (i wanted to see these records because the dollars were suspicious and these would have proven if there were surges of deposit when he became the CJ.

The defense wanted the bank managers to testify to prove the transactions, but the impeachment court turned them down, reason being not wanting to prolong the trial.

http://profile.yahoo.com/S4W5SH35C5W6LRS23WA6UEMAYM Brian

Correct. Those you mentioned would have proven that. Unfortunately the defense won’t present them. As it is, Corona’s testimony is still not backed up by evidence.

I would have loved to see the paper trail of how the BGEI money found it’s way to Corona’s account.

Allan_Ongpin

can’t blame koko with his view. he needs to ensure that he doesn’t land in the last 3 in the 2013 senate election – or lose – by taking an anti-populist view, having served the senate barely a year or so…he knows that the ultimate question is whether corona acted in good faith or not in his interpretation of the SALN law.

Do you think that Lito Lapid or Bong Revilla are aware of this finer details of the SALN law? I doubt it. So iimpeach din natin sila?

ConcernedAko

I agree. Ang issue na lang is did he act in good faith. It is hard to fault a person for having a different interpretation, in good faith, of an unclear law or laws.

What’s bothering with this news is that Pimentel is now telling the nation of his verdict prior to the actual voting. He seems to be posturing for the 2013 elections.

I’m not a supporter of Corona but he issued a challenge. Those who does not sign the waiver can be perceived to be hiding something. Some of the lesser known congressmen has already signed a waiver, why can’t the others follow suit?

http://profile.yahoo.com/S4W5SH35C5W6LRS23WA6UEMAYM Brian

Let’s say Corona is acquitted. And the others follow suit and sign the waiver. The corrupt ones use the same reasoning as Corona.

Meron ba talagang mahuhuli pa?

ConcernedAko

Meron, by immediately amending the law. It would be stupid of our lawmakers if they do not do so. Kung hindi nila i-aamend ang obviously flawed law, then yes, mahihirapan manghuli ng mandarambong sa gobyerno. The key is recognize the shortcoming of the law and immediately remove that shortcoming.

http://profile.yahoo.com/S4W5SH35C5W6LRS23WA6UEMAYM Brian

I agree with you. But immediately amending the law obviously would suggest Corona was acquitted because of a flaw in the law which I believe would be doing more harm than good.

http://pulse.yahoo.com/_6EF5PUVD7WK3V3XLP2FYAQZ4O4 Jomjom

How can I believe you when THOSE who DOES not sign the waiver and the lesser known congressMEN HAS already signed a waiver?? Can you at least make your subjects agree with the verbs? Pang Grade 3 yan ah.. LOL

According to Corona last Friday he does not know what assets, liabilities, networth, credit, or debit because he is not an accountant. And he is working in the government for so long and still does not know those things? Very low intelligence.

http://pulse.yahoo.com/_BWFXXBJ4RBNOYTNM6UMRCNKRUI Rey

CORONA WORK AT SGV, THE BIGGEST ACCOUNTING AND AUTIDITNG FIRM IN THE COUNTRY AND YOU DONT KNOW WHAT ASSETS NETWORK ETC. WHAAAAAAAAAAA?

http://profile.yahoo.com/AOJRPOW3T22ADLX6V64J6MC6BI JoseG

He never also heard of Generally Accepted Accounting Principles (GAAP). Only a ignorant and/or corrupt Senator would acquit the Cheap Justice.

He worked in SGV as an officer for the company’s Tax Department. You cannot suggest or help a client about his taxes if you don’t know anything about accounting.

Besides, would a prestigious firm like SGV hire anyone to be a senior officer without any basic or working knowledge of accounting? Not rank and file ha. But as a senior officer.

http://profile.yahoo.com/GPGBAA63XS65RIQY7ZUSX4F75U Jose

you are right senator! hope other senators will see it that way too. amidst all the theatrics that this actor showed, he still a very wily, cunning, brilliant strategist. I hope there will be a sufficient number of senators who will not be fooled. See you in the next elections, hopefully people will vote wisely.

Concur_Dissent

I believe a reasonably intelligent individual will disagree with the ICJ’s (impeached coward justice) interpretation of the law…The SALN was conceptialized precisely to monitor graft and corruption. By properly disclosing assets and liabilities on the SALN, government watchdogs (ideally the ombudsman) would be able to determine the growth of public officials networth year over year. By comingling funds with other people and undeclaring dollar assets, the ICJ’s year over year growth or decline in networth is effectively “masked” and therefore will fall under the radar of government regulators…

And please enough with the sorry explanations of some quarters that these were legal loopholes. For surely there are no legal loopholes… While the bank secrecy act provides confidentiality, it was also clear that the depositor may unilaterally declare these deposits. the ICJ need not declare his assets in dollars, he could have reported these in its peso equivalent…As for the comingled funds, he should have reported the total funds under his direction and simply identify (by way of a footnote perhaps) which are his and which aren’t his!! Had he done this, the regulators will be reasonably guided on the year over year growth or decline in his networth…

joeldcndcn

ITS TIME TO CLOSE AND STOP THIS TRIAL, THIEF CORONA HAD BEEN GUILTY OF GRAFT, DECEPTIONS, CORRUPTIONS AND HIDING OF LOOTED ASSETS & BANK DEPOSITS; HE IS SHAME TO THE FILIPINO PEOPLE AND FAILED THE CHIEF JUSTICE POSITION, KICK HIM OUT, NOW, TSK, TSK, TSK!

http://pulse.yahoo.com/_6EF5PUVD7WK3V3XLP2FYAQZ4O4 Jomjom

and he is faking illness. Binobola ang mga senador.

http://pulse.yahoo.com/_6N6D32FK6KI53E64OVZRZR4QZE WillyJ

//He said that “if [the bank deposits are] in your name and you are a
public officer, you are duty-bound to disclose [them]. Unless you can
cite to me a law exempting public officers from disclosing.//

Then the 189 should have signed the waiver promptly without any hedging. They are also public officers and duty-bound, right? Senator Pimentel is already making a personal interpretation of the law. Is that the realm of the impeachment court? At any rate is non-disclosure of FCs in the SALN an established impeachable offense? Cite the jurisprudence. There is none, Sir.

His make-believe that he doesn’t know the difference between his @ss and his @ssets will finally get his @ss kicked from the Supreme Court. No doubt about it. But on second thought, in his case, could it be that there really is no difference? Everyone knows there’s none in Mr. Marquez’s case.

In local or provincial level, wala tayong magawa dahil sikat at supportado pa rin ang mga Marcos ng mga constituents nila. But in the national level, this Bongbong, Imelda, or his sisters should not be elected.

Not a good example from the highest justice of the Philippines.
Now I can:

1. Declare my peso accounts under “co-mingled funds” and are no longer part of my SALN;
2. Put my money is dollar account and they become untouchable and therefore non-taxable;
3. Put corporate money into dollar account and they also become untouchable and therefore non-taxable too.

And consider the BGIE scandal and all the TROs he issued, I would say GUILTY.

junpaxx

Certainly, we are all flawed human beings, whichever side we are on. But this is a moral universe; there is such a thing as goodness and badness, however these are defined by societies. And when the opportunity presents itself, one has the potentially historic choice to be on the side of good or on the side of evil.
This is the choice that now confronts our senator-judges.

isalexus

Senator Pimental- you got a point. Please make it more credible by signing a waiver so that the media can also see your banking assets and compare it to your saln. AND while we are on the subject– all those “impeachable” people should also sign a waivers to countermand the Foreign Bank Deposit secrecy LAW!

http://profiles.yahoo.com/u/Q63DUTCNJJKCYNURT4A4C6QZJM marco

how can you understand…simple..ur marriage was as simple but you still dnt and unable to save it.

http://pulse.yahoo.com/_EU56OS2ATEZ27LRS2Y7UWERATE Jovy

For a chief justice to interpret laws that way, shows that he is not competent to be the final arbiter of the laws of our land. For him not to know basic accounting principles is also a sham as he is supposed to have worked in SGV as a senior officer. The reason he had all these accounts in his name was because he just feels so arrogant and untouchable in his position as CJ that he never expected that it would finally hit the fan. How in the world can you amass so much wealth? Do the math, for him to have saved that much even with interest that means he would need to have saved Php200,000 a month for 42 years. Impossible, he thinks everyone is so dumb not to see this.

scorpio22

You are obviously uninformed how investment and compounding interest work.

http://profile.yahoo.com/FPGLAYFLIRUSI2NAEG3Q5E6PGU R

LOL…yep, that guy will take a job for P100/hour instead of saying yes to 1 centavo doubled everyday for 1 month.

I’m afraid that at this stage ( I am presuming you are already old based on your handle) it is too late for you to learn investment and compounding interest. It is a complex subject and you need to be open minded.

CJ Corona is a brilliant businessman but not fit to be a Chief Justice of the Supreme Court. When a person do not have ‘delicadeza’ or ethics deserving of a chief justice, the distinct line between honesty and hustling fades. He excused himself with omissions by stating that he is not an accountant but he worked at SGV, one of the most prestigious accounting and auditing firm in Asia. There is actually divine intervention in this whole episode. CJ tried to redeem himself Friday, but bits and pieces do not add up:
1. Early part of the impeachment trial, he denied publicly of having dollar accounts yet he admitted Friday.
2. We were in awe when we saw the SALN of some SC associate justices with 40million in deposits, but CJ admitted having 80million pesos.
3. Complete with security details, the SUV he used may have fake plate numbers.
4. He cut the retirement lump sum amount of Ombudsman Morales into half, yet Friday he distorted the facts of the matter.

I could go on and on, but one thing positive happened that we can find satisfaction is the reconciliation of the Basa family which shows that these families are decent and honorable.

This impeachment trial is a wake up call to all elected officials including members of Congress that politics with the advent of the social media, internet, print, and networking, accountability in public office is readily available and exposed to the general population.

scorpio22

If you worked for Philippine Air Lines as one of the top executives does not necessarily mean that you are a commercial pilot does it? So does that mean that Corona being a lawyer for an accounting firm should make him an accountant?

“1. Early part of the impeachment trial, he denied publicly of having dollar accounts yet he admitted Friday.”

I don’t recall him denying having a dollar account. Perhaps you can post an article regarding this to back up your statement.

“2. We were in awe when we saw the SALN of some SC associate justices
with 40million in deposits, but CJ admitted having 80million pesos.”

Whose SC associate justices’ SALN did you see that showed 40 million in deposit? Perhaps you can also post a copy of these SALN as I seem to have missed it.

“3. Complete with security details, the SUV he used may have fake plate numbers.”

And your point about this is… should he be acquitted, this could be a ground for a next impeachment?

“4. He cut the retirement lump sum amount of Ombudsman Morales into half, yet Friday he distorted the facts of the matter.”

Corona has nothing to do with Carpio-Morales’ lump sum “retirement” money so how can he distort something that he has nothing to do with? It is the “budget” of retiring justice not her “retirement” that Corona spoke about.

Kokok Pimentel probably the most decent thing for you to do right now is to shut up your mouth until it’s time for you to give your verdict. While expressing your opinion before the verdict is delivered, you are trying to influence the judgement of the others and you are trying to convince the people that Mr. Corona is guilty. Tigilan mo muna ang pagpapa epal at gusto mo halos araw-araw ay nasa diaryo ka ng kung anu anong problema mo. Nakakasawa ka na. Para kang si abnoy na masyadong self centered. Mabuti pa kaya magsalamin ka at isipin mo kung paano ka gumandang lalaki.

It is funny how Senator Pimentel doesn’t agree with Chief Justice Corona’s interpretation of law.
Why elevate yourself to the rank of Chief Justice?
Senator Pimentel cannot even interpret and follow the law on marriage or in short, Pimentel is bad example on family law.

This is diversion tactic from young senator. Does he think we forgot the news of his legal separation.
Fix your problem first, before fixing others, Mr.Senator.

I respect the father more than the son. The father is an example of a good lawyer, while the son has been longing to hug the limelight yet he lacks the luster of a clean personality. How can the Filipinos vote for him when he could not even forgive his wife and former Zubiri? Senator Pimentel, please look first in the mirror!

Tatak_Nakaw_Arroyo

Mr Pedro. The issue with his wife is a family issue not a government or national issue. Ngal ngal ka ng ngal ngal hindi mo naman alam ang pinagsasabi mo.

linsanity17

look who’s talking? prang may laman nman sinabi mo…after trying very hard to drag the corona and the basa issues to the impeachment trial, being that a family issue, now you’re saying leave family problems by politicos out of government issues? galing mo nman “magtuwid ng daan”…loser!!!

Does not fully agree? Is that reasonable doubt or allowing oneself room for maneuver at a later time? Or extracting tit for tat from UNA? Only Koko can answer. Meanwhile, make the most of it Koko. This is your last stab at being famous.

KarmaGMA

you are a disgrace to the filipino people.

scorpio22

And what is your ground for saying that EdgarEdgar is a disgrace to the Filipino people? Just because he doesn’t share your views and opinions?

I highly doubt if you represent all views and sentiments of the Filipino people.

precisely, who would be stupid enough to handle the money that is not yours? what if his sons & daughters need the money? would they ask there father for it? isn’t it awkward? what if he dies suddenly? paano ma kuha nila ang pera? these are BS alibis. he needs to be convicted. he is truly a certified liar and also a good actor. he is the father of all liars!!!

scorpio22

Many fund managers and banks handles money they do not own. So in your view they are all stupid?

It appears that Corona knew what to do with their money as he made it grow. What’s wrong with that? You are missing the point of Corona’s argument that they pooled their money together to come up with a bigger principal amount so they can collect a bigger interest. What’s wrong with that also?

What is important is that Corona testified under oath that he never stole money from the government which seems to be in agreement with the prosecution as they never manifested to the contrary during his testimony.

Furthermore, unlike Tupas, Corona has no pending graft case in the
Sandigan Court or any court, nor is he being accused of stealing money from the government. These are facts not presumptions.

Ramil Abalon

I think you are wrong corona is a public officer and he should follow rules under the constitution as CJ

TatayMo

anak, hwag masyadong overkill…. on the contrary fund managers and bank handlers are among the sly type of people and they are not (all) stupid… they manage other people’s money and earn from them regardless whether or not, the owners of the money they manage gain or lose in the end… perhaps CJ is just honestly stupid or stupidly honest in his declaration… ano sa tingin mo?

scorpio22

Corona’s non-declaration is of a legal argument as you hear many lawyers say. Be that as it may, is this an impeachable offense… what do you think?

KapitanBagwis

Yes it is. On the basis of the lady court employee who lost her job for failing to include her little flea market business in her SALN. The decision of the lower court was upheld by the supreme court and the ponente was written by Corona.

Corona have millions of $$ and pesos and high end properties undeclared in his SALN. He must be found GUILTY.

Freddie73

CJ’s interpretation of the SALN Law and the FCD Law is conducive to the commission of graft and corruption!

If you accept Corona’s explanation, it would mean all grafters can get away with it by just converting their loot into dollars.

Also, by saying “co-mingled” yan, lusot na.

Tama ba yon?

JV Velarde

According to Certified Liar TJ Corona, the money of the Basa Guidote Corp. was in his personal bank account for convenience & safe keeping.

In 2003 or 2004 he borrowed 10 Million pesos from the Basa Guidote Corp, to pay for his condominium units all over metro manila, meaning he withdrew 10 Million pesos in his personal bank account.

And as per the certified liar he paid that amount full in cash & check to wife Cristina, which she regularly deposit back to TJ Corona’s personal bank account because that’s where the Basa Guidote money is, intact and full according to the certified liar TJ Corona.

An incredible foul smelling excrement of a story !!!

Ommm

2.4million dollars is quite a lot…P100 mil…then add P80mil= P180million….plus 5 properties, cars, sustaining a lifestyle all these years… seems hard to justify with what he has said so far.

Why would Coronas children, having their own life in the USA be leaving their money in daddy’s secret account when they could be using that as collateral for properties there etc?…doesn’t really make sense.

If we all put our money in dollar accounts and claimed it was “my friends money” then no SALN would be filed or taxes paid in this country at all….

pololoy

That’s what the Chief Justice of the Republic of the Philippines teach all corrupt government officials and employees should do…

Ano ba kayo! He is the CJ of the SC. He can interpret the law and stick to ” as prescribed by law”, while the rest of the members will follow without thinking. . Look what happen in the IC, I am the chief justice of the Republic of the Philippines, I wishes to be excused. . Pag ganyan ang trato, delikado tayo. . Alisin ang mga ganoon clase at baka sabihin pa nila na “what we are in power for”. .

KapitanBagwis

Galing galing. Sama ko sa iyo. ;o)

KapitanBagwis

Corona is a great Spin Master. His cosa in the supreme court spin the meaning of the time prescription for appointments in the Constitution and made his midnight appointment legal.

BillyGregory

More questions have cropped up by the submission of the Corona waiver instead of putting things in their perspective as was hoped for.

Here’s another one:

Why didn’t Corona bring records of bank transactions, instead? Apparently he and his team were looking at records when they made their Powerpoint presentation. Or were they just making things up?

nice_boy

There are as many interpretations of the law as there are lawyers. That is why we have the Supreme Court to be the final interpreter of our laws. Why not just let the SC interpret the law. Better still amend the law so that there will be no conflict.

oracle888

CJ Corona’s defend on his exclusion of his multi million dollars and his 82 millions pesos in his SALN is (1) Foreign currency deposit confidential law and (2) Co-mingled fund.

The fact is: our Constitution requires all government employee to declare their ASSET in the SALN to discourage them from graft & corruption. The foreign currency act allows the owner to disclose his dollar account voluntarily thru a waiver. An honest person with integrity who abides the law and supportive of our government’s drive for clean government, who also hold the highest judicial position with the responsibility of upholding our Constitution and rendering its correct interpretation, will ABSOLUTELY include his dollar account in his SALN. But CJ Corona did not include them, instead, he used the foreign currency act as an excuse to hide his unexplainable millions of dollars.

Secondly, nobody can legally claim those cash under his name as co-mingled. It is tantamount to an “you say I say” claims. The point is if it is under your name, then legally it is YOURS. Otherwise, why did he not open a joint account?

Is is a surprise that a Chief Justice did not know the right from the wrong. But it is not a surprise that C J Corona purposely did it to hide his loots.

ANOTHER SOLUTION THAT ALL PUBLIC OFFICIALS ELECTED OR NOT SIGN AN UNCONDITIONAL WAIVER FOR ALL THEIR BANK ACCOUNTS …

JJF724

In another story sabi ni Corona… hindi daw nya alam yong Assets kasi hindi naman daw sya accountant… Tapos TAX Lawyer sya and SC CJ at hindi nya maintindihan yong ASSET sa SALN. So Corona supporters, what do you think of your boss. A LIAR or just DUMB? your choice. Either way to me, doesn’t deserve to be CJ and must go.

pololoy

He was with the famous Sycip, Gorres and Velayo Accounting firm before joining the government. And he doesn’t know anything about “assets”?

http://profile.yahoo.com/CHYN7QZX67VNIVBPMX6AN4TTXY juy u

ANG GALING MO SENATOR….MAY I ADD? IF THAT CO MINGLING PRINCIPLE IS ACCEPTED THEN ALL PERSONS WHEN TRIED IN COURT OR MAYBE PRIVATELY AUDITED, NOT JUST PUBLIC OFFICIALS CAN JUST SAY IT IS A CO MINGLED ACCOUNT THEN WE ARE FREE TO GO….UHMMM….NICE TRY….
BUT THE PROBLEM WITH CJ IS HE TRIED THAT LINE WHEN BEING ON TRIAL AS ACCUSED BUT WHEN PUT IT THE OTHER WAY AROUND HE IS THE PRESIDING JUSTICE WOULD CHARGE YOU WITH CONTEMPT RIGHT AWAY…CLEARLY IT IS JUST FOOLING AROUND….NICE…AS THE SAYING GOES….KUNG AKO PWEDE, KUNG KAYO BAWAL…HAHA

koko is not thinking rationally. effect of being dumped by wife just recently for another man. let go, senator. you may cry if you want. real men cry. only homosexuals don’t cry. then, move on.

http://pulse.yahoo.com/_EDXEVEFHW2ZT5VWHDWBNM6XGE4 RyanE

“In 1981, he was accepted to the Master of Laws program in Harvard Law School where he focused on foreign investment policies and the regulation of corporate and financial institutions. He was conferred the LL.M. degree by Harvard Law School in 1982″ – Judicial and Bar Council

Do you think a person with the above qualification lacks knowledge about assets? It’s very clear that Corona was just using all those alibis to evade conviction.

His children are married and they co-mingle funds with their parents. What kind of a weird family does that? There must be some kind of a financial recording of transactions to keep track of interest earnings for each family member etc. There is none? Who did you think you were talking to, Mr. Corona? A nation of kindergarten students?

http://profile.yahoo.com/S4W5SH35C5W6LRS23WA6UEMAYM Brian

Eto yun Foreign Currency law……

“Sec. 8. Secrecy of Foreign Currency Deposits All foreign currency
deposits authorized under this Act, as amended by Presidential Decree
No. 1035, as well as foreign currency deposits authorized under
Presidential Decree No. 1034, are hereby declared as and considered of
an absolutely confidential nature and, except upon the written
permission of the depositors, in
no instance shall such foreign currency deposits be examined, inquired
or looked into by any person, government official, bureau or office
whether judicial or administrative or private: Provided,
however, that said foreign currency deposits shall be exempt from
attachment, garnishment, or any other order or process of any court,
legislative body, government agency or any administrative body
whatsoever.”

To show their total trust and allegiance to the government they are serving, no government officials must have deposits in any other currencies than the Philippine Peso.

aSwedishguy

why not if declared as normal, it works in the rest of civilized world

But if you have a CJ that interpret his own laws then ofcors

The most funny with Corona are that if any economical system would use his “way” they would go state bankrupted, but i guess Corona have a to little or criminal brain to understand that.

http://pulse.yahoo.com/_3TWVIBNBHJIBKXLUC5IT2JYM5E Harry

By having foreign currency deposits it means that those officials have no confidence in the government that they serving or operating. If there is any need for them to transact in foreign currencies, they can always purchase them through the banking system.

I believe many countries like the US and Canada discourage foreign currency accounts.

http://pulse.yahoo.com/_7W7IOOVSMXPI4IM4SMGC47FS7I larry

corona is just one vote in the 15-man juctices of the SC. whatever he believes as an individual juctice does not bind the rest of the SC. it would be better to raise the issue to the SC itself for a resolution

http://profile.yahoo.com/AND7MQ5FERICDOIAUW56RYT45A tower_of_power

Why is there a need for a chief justice kung pareho land sila? He is just one vote but he can do something else as the chief justice … say … influence the vote!?!? Meron mga evidence to that effect … di ba?

Senator Pimentel if you don’t like the interpretation THEN sign the waiver authorizing for the public to inquire also on your foreign deposit accounts and also urge all 188 Phil
congressman including Senator Drilon to sign the waiver. If this is a publicity mileage or your signal that you will vote for CJ guilty verdict and IF YOU DO VOTE GUILTY THEN FORGET getting re-elected AS A SENATOR because you know from the VERY start this IMPEACHMENT CASE THROWN was a conspiracy by President Aquino III AND HIS LIBERAL PARTY it was rush, RAILROADED, and unverified. This current administration is more worst than President Gloria Arroyo’s nine yeas of reign.

http://profile.yahoo.com/J5DAKNYRBWX2R237DLWTHK2EFM Jonathan

I agree, sign the waiver and show to us that they are clean! Just because corona ayaw ni Pnoy sa kanya…he will suffer? ang dami hindi nag declare ng account. For the sake of transparency, Pls don’t vote ang kanidato na ayaw open ang account nila sa public, we should support this waiver…

adventure366

Don’t think of POLITICS??? Think the future of this country and your children if you have… If this mentality of CJ will continue expect our country will be the same in AFRICAN country like somalia because of corruption.. your comment show what side you are?? Better search more on the laws and cases that you can compare on this situation before you make a comment.

edward8805

You know the impeachment case was railroaded by your President Aquino III, hash your mouth about the law. When your President use the full force of his administration to bully the CJ and other associates justices to whom he did not appoint. Do you call that “Daang Matuwid”? Every body knows that the Ex President Cory Aquino conspired with Ex Vice President Arroyo to stage a coup de tat agains ex President Joseph Estrada and later own apologize to Ex President Estrada for a political capital in order to gain support for Aquino III’s electability to the Philipine Senate now that Aquino III is the President his totally drunk in power to control branches of government for what he long for the revolutionary power her mother had, he is scared that when he is out office whatever his doing to Arroyo will happen to him, and also he plan to reverse the SC ruling on Conjuanco’s 50+ year rule of Hacienda Lucieta. Enough is enough if you love your country you will see the real villain. I choice CJ to be Acquitted to check the dictatorial nature of your President Aquino III and his evil administration. He will sleep with the devil the communist and ampatuans to get what he wants. God save the Philippines to your way of thinking and to the Yellow tyrant in Malacanang!!!

If the co-mingled funds are ever put under litigation….documentary evidence such as letters, contracts, agreements, assignments and Special Power of Atty documents among parties determine co-ownership, the extent of ownership, and amounts owned by each party.

I am surprised, this is even an issue. There are many families with co-mingled accounts.

Of course, there will be no such law prohibiting co-mingled accounts among family members, as it violates a person’s Civil Rights. Gov’t officials, be they Clerk or Chief Justice or President, do have Civil Rights protected by the Bill of Rights (Section 10) under the Constitution of the Republic.

http://profile.yahoo.com/6PL6MTGJSGMGZ3FMIKNVMPGEL4 John

its improbable, given the ages and occupation of corona and his family that theyd have (at a minimum) p80m + $2.4M accumulated in less than 10 years. The only way they can do this if they had a company (aside from bgei) where they struck gold.. there being none and lahat sweldo lang.. very unlikely. and take note the deposits are not even in staggered amounts like that of a salary, but in single big ticket deposits!

http://profile.yahoo.com/FPGLAYFLIRUSI2NAEG3Q5E6PGU R

you have just shown your knowledge is very limited.

Answer this as fast as you can:

What would you choose $100/hr salary or 1 cent doubled everyday for a month?

http://profile.yahoo.com/FPGLAYFLIRUSI2NAEG3Q5E6PGU R

Here…couldn’t wait for your answer. This is classic.

“Beginning with one cent and doubling it daily for one week, you’ll have
$1.27. Continue doubling your accumulated earning every day for one more
week. Your cumulative total at the end of week 2 is $163.83. At the end
of the third week, you’ve accumulated some serious cash – $20,971.51.
And at the end of the last week, you’ve amassed a fortune of nearly $2.7
million. Since a month is usually 30 days, let’s keep doubling it for
another 2 days. Ultimately, you have over $10.7 million in only one
month and you started with one small penny.

How does that $100/hour job look now? You’d still only make a
fraction of $10.7 million if you made $1,000 an hour. And that’s working Monday through Friday for 8 hours. You didn’t even have to
work to amass your $l0.7 million fortune”

That’s how compound interest works…and NO…no need for a company that struck gold.

Senator Koko Pimentel should put his feet on ground. Had it not been for the “vindictive” man who lives by the river…all these “true” to life happenings of not including your family’s money as part of your SALN would have not been everybody’s “talk.” How about you? what is the talk about your wife and your SALN. Does she have her income as part of your SALN? Or she does not have any income at all??? AS if CJ Corona is the greatest “criminal” who walked this planet to have him crucified!!! I pity you Senators who will be on the side of Penoy…don’t be part in noynoying our economy!

http://profile.yahoo.com/AND7MQ5FERICDOIAUW56RYT45A tower_of_power

The SALN is clear … Hindi-na-Coronado did not truthfully declare his assets and liabilities. Kung co-mingled ang assets niya … he could have declared everything and put those other monies na hindi kanya pero nasa pangalan niya as liabilities. Hindi ba pwede ang ganun? Kung sa bagay .. what can you expect from a Thief Justice who cannot differentiate what an asset is from a liability.

You are a senator, you are a public servant, you should have set an example on family values, filipino values on marriage.
That is important for us….why successful couples separate.
We need your interpretation on marriage and legal separation law.

D_BystandeR

Huwag mo nang tanungin pa si Koko tungkol dyan. Give him the privacy that he deserves. It’s not easy for him to get a situation like this, lalo na meron na silang dalawang mga anak. I repeat, please, respect his privacy, okey?

agong1

beside out of topic..

Mananandata69

Clean your own backyard before looking at the other’s mistake.

nolibalasi

the reason for the co-mingling of money is to generate a bigger interest. but if he doesn’t own all the money, like the bgei funds, isn’t it unethical for him to acquire its interest?

agong1

corporation.. therefore belong to the Family…sole corporation was name to corona

http://profile.yahoo.com/APG4EF4E2BYT3C7NLOVNXKF64Y albert

Corona’s interpretation of law is done in good faith.
pimentel`s interpretation of law has selfish motives..
done in bad faith..

this is debatable since everyone was caught by the inaccuracy of the law. which is quoted by CJ ! and almost all business owner and institution. Politician “Trapos!”

boyetigas

It’s sad that cj up to the end dictated the flow in the impeachment court. It would really be interesting to hear on oath, corona’s answer questions by Pimentel and Osmena.
Prosecutors had a chance to expose the charlatan but against common sense, a consideration for public opinion, much less for aspiration of truth, waived cross examination. An old adage goes – leave no stone unturned in search of justice and truth.
SAYANG!

doublecross

IGNORANCE OF THE LAW EXCUSES NO ONE….cj cannot twist the law, tanga lang si corona.

Senator Pimentel III You know the impeachment case was railroaded by your President Aquino III, hash your mouth about the law. When your President use the full force of his administration to bully the CJ and other associates justices to whom he did not appoint. Do you call that “Daang Matuwid”? Every body knows that the Ex President Cory Aquino conspired with Ex Vice President Arroyo to stage a coup de tat againts ex President Joseph Estrada and later own apologize to Ex President Estrada for a political capital in order to gain support for Aquino III’s electability to the Philipine Senate now that Aquino III is the President his totally drunk in power to control the three branches of government for what he long for the revolutionary power her mother had, he is scared that when he is out office whatever his doing to Arroyo will happen to him, and also he plan to reverse the SC ruling on Conjuanco’s 50+ year rule of Hacienda Lucieta. Enough is enough if you love your country you will see the real villain. I choice CJ to be Acquitted to check the dictatorial nature of your President Aquino III and his evil administration. He will sleep with the devil the communist and ampatuans to get what he wants. God save the Philippines to your way of thinking and to the Yellow tyrant in Malacanang!!!

http://pulse.yahoo.com/_TDE5NBDKWKSYXMS6Z3VFQQZIZE mangdo

until now I still believe in Pres. Aquino’s sincerity to serve this country…kahit ano ang sasabihin ninyo,,,